Global Enterprise Resource Planning (ERP) Software Market size to record 9% CAGR through 2028: Key Players Microsoft Corporation, Oracle Corporation, Sage Group plc, Infor Inc., Deltek Vision, SYSPRO, Hewlett-Packard Development Company, L.P., Epicor Soft

A comprehensive research study on Enterprise Resource Planning (ERP) Software market added by Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Enterprise Resource Planning (ERP) Software market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

The global Enterprise Resource Planning (ERP) software market is expected to witness a strong growth rate of 9.0% during the forecast period of 2022-2028. The Global ERP software market is anticipated to grow in the upcoming years, owing to the consumer shift from offline to online and thus increasing the need for personalized marketing messages, increasing digital marketing activities, etc. Moreover, ERP software is expected to grow due to the importance of data management in the finance & accounting segment. Furthermore, the rising popularity of ERP software to increase operational efficiency is one of the key factors helping the global ERP market to grow significantly during the forecast period.

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The report also provides analysis of the key companies of the industry and their detailed company profiles including Microsoft Corporation, Oracle Corporation, Sage Group plc, Infor Inc., Deltek Vision, SYSPRO, Hewlett-Packard Development Company, L.P., Epicor Software Corporation, NetSuite Inc, SAP SE, and Unit4.

The Global Enterprise Resource planning market is segmented on the basis of deployment mode, business function, end user, and region. Based on deployment mode, the market is segmented into on-premise ERP, cloud-based ERP, and hybrid ERP. On the basis of business function, the market is segmented into finance & accounting, human resource, supply chain, customer management, inventory management, and others including the manufacturing module. Based on end-user, the market is segmented into IT & telecom, government, healthcare, BFSI, manufacturing, aerospace, and defense, construction, and others including retail and distribution. Based on region, the market is divided into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. Further, North America is divided into US and Canada. Latin America is further segmented on the basis of Brazil, Mexico, and the Rest of Latin America.
Western Europe is further segmented into Germany, the UK, France, Spain, Italy, Benelux, Nordic, and the rest of western Europe. Eastern Europe is segmented into Russia, Poland, and the rest of Eastern Europe. Based on the Asia Pacific, the market is further segmented into China, India, Japan, South Korea, Australia, ASEAN (Indonesia, Vietnam, Malaysia, etc.) countries, and the rest of Asia Pacific. Lastly, on the basis of the Middle East & Africa market is segmented into GCC Countries, South Africa, Turkey, and the rest of the Middle East & Africa.

Market structure and competitive landscape
The global enterprise resource planning market is fragmented in nature, some of the prominent players that contribute significantly to the global enterprise resource planning market include, Microsoft Corporation, Oracle Corporation, Sage Group plc, Infor Inc., Deltek Vision, SYSPRO, Hewlett-Packard Development Company, L.P., Epicor Software Corporation, NetSuite Inc, SAP SE, and Unit4 among others. Furthermore, Microsoft Corporation and Oracle Corporation are among some of the market leaders and together hold more than 50% of the market share in 2020. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market.

Product Launches, Mergers & Acquisitions, joint ventures, and R&D activities are key strategies adopted by the players in the North America Cooking Robots Market. These companies adopt numerous approaches to strengthen their market share and gain a competitive edge over other competitors in the market. Some of the key developments in the global enterprise resource planning market include,

• In March 2022, Partners Group announced its acquisition of Forterro, a leading pan-European software services provider. Forterro has a portfolio of 11 software brands serving over 10000 customers.

• In April 2021, Unit4, one of the leaders in enterprise cloud applications, announced the general availability of ERPx, its flagship ERP designed for people-centric organizations and the mid-market, to expand its global footprint and provide its cost-cutting ERP tool to manufacturing companies.

Scope of the Report

- To analyze and forecast the market size of the global Enterprise Resource Planning (ERP) Software market.
- To classify and forecast the global Enterprise Resource Planning (ERP) Software market based on product, application, end user, region.
- To identify drivers and challenges for the global Enterprise Resource Planning (ERP) Software market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global Enterprise Resource Planning (ERP) Software market.
- To identify and analyze the profile of leading players operating in the global Enterprise Resource Planning (ERP) Software market.

Questions And Answers: Global Enterprise Resource Planning (ERP) Software Market

Q1. What is the CAGR that the Enterprise Resource Planning (ERP) Software Market is expected to register through the projected duration?

Answer: The Enterprise Resource Planning (ERP) Software Market is likely to register a CAGR of 9% over the forecast period.

Q2. Which End User category is slated to contribute significantly to worldwide Enterprise Resource Planning (ERP) Software market earnings?

Answer: Segment Overview, IT & Telecom, Government, Healthcare, BFSI, Manufacturing, Aerospace and Defense, Construction, Others (Retail and Distribution, etc.).

Q3. Which Are the Key Players in Global Enterprise Resource Planning (ERP) Software Market?

Answer: Microsoft Corporation, Oracle Corporation, Sage Group plc, Infor Inc., Deltek Vision, SYSPRO, Hewlett-Packard Development Company, L.P., Epicor Software Corporation, NetSuite Inc, SAP SE, and Unit4.

For More Details on This Report: https://www.marketstudyreport.com/reports/global-enterprise-resource-planning-erp-software-market-analysis-and-forecast-till-2028

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